Members of the Committee
Conservative x 6
Councillors Abraham, Mole, Pearson, Skow (VC), Temple and Turner
Liberal Democrat x 1
Councillor Davison
Independent x 1
Councillor Jefferson (C)
Contact: Catherine Train, 01482 39(3206)
Terms of Reference:
To assist the Council by -
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Providing independent assurance on the adequacy of internal control and governance arrangements within the Council.
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Recommending the adoption of the Council's Annual Governance Statement.
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Reviewing and approving the financial statements.
Advisory Functions
Internal Audit
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To consider the Head of Internal Audit's annual report and opinion, and a summary of internal audit activity (actual and proposed) and the level of assurance it can give over the Council's corporate governance arrangements.
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To consider the internal audit plan and receive reports on progress against the plan.
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To consider a report from internal audit on agreed recommendations not implemented within a reasonable timescale.
External Audit
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To consider the External Auditor's Annual Letter, relevant reports, and the report to those charged with governance.
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To consider the external audit plan and monitor progress against the plan.
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To liaise with the Audit Commission over the appointment of the Council's external Auditor.
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To review implementation of recommendations made by the External Auditor.
Financial Reporting
Delegated Functions
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To review and approve the Councils Statement of Accounts including those of the Pension Fund.
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To advise the Council on the accounting policies, accounts and annual report of the Council.
Corporate Governance
- To monitor the Council's policies on countering fraud and corruption, whistle-blowing and the Fraud Response Plan.
- To consider the Council's arrangements for corporate governance and review the Council's Code of Corporate Governance on an annual basis.
- Provide assurance on the risk management framework to inform the Annual Governance Statement.
